Question

please answer it correctly ​

Answer 1

Answer:

i) The cost of machine depreciates at the beginning of next year, or we can say at the end of each year, so

Value at the end 2009 = Value at the beginning of 2010

So, Value @ beginning of 2008 = 44000

Value @ beginning of 2009 = 88% of 44000 = 0.88 (44000)

Value @ beginning of 2010 = 88% of 0.88 (44000) = 0.88² (44000)

= 0.7744 (44000)

= 34073.6

ii) Let Value of machine at the beginning of 2007 be V, so

Value of machine at the beginning of 2008 = 0.88 V

0.88 V = 44000

V = 50000

Therefore, Value of machine at the beginning of 2007 was 50000.

Step-by-step explanation: